The Working President

The Working President
Davao City Mayor Rodrigo Duterte "destined to become president"

Follow SouthernDCBlogs on Twitter

Thursday, September 24, 2015

World Bank commended the PH cash transfer program among world’s best.



Photo credit to Blogs.ADB.org | The beneficiaries of conditinal cash transfer


The World Bank gave the country’s conditional cash transfer (CCT) program high marks, saying it was one of the “largest and best-targeted social safety net programs in the world.”

Ruslan Yemstov, World Bank’s leading economist on social protection and labor, presented on Wednesday the results of the bank’s “The State of Social Safety Nets 2015” report which showed that 82 percent of the benefits of the Philippines’ CCT program went to the bottom 40 percent of the population and noted that it was “way superior” to previous social programs.

“The poor and vulnerable in the Philippines benefit from what is today one of the largest and best-targeted social safety net programs in the world,” said Yemstov, who led the team that prepared the WB report, said.

Protecting families

Social safety net programs include cash and in-kind transfers to poor households with the goal of protecting families from the impact of economic shocks, natural disasters, and other crises; ensuring that children grow up healthy, well-fed and stay in school; empowering women and girls, and creating jobs.

According to the World Bank report, more than 1.9 billion people in 136 low- and middle-income countries benefit from social safety net programs.

Across the world, CCT programs account for over 50 percent of social safety net programs, and are being implemented in 64 countries—a dramatic increase from two countries in 1997.

The report also noted that CCT had positive spillover effects on the local economy of target communities. Every dollar transferred to beneficiaries generates income ranging from $1.34 to $2.52 in local communities (“multiplier effects”).

Cash transfers boost school enrollment and attendance, increase live births in safer facilities, improve prenatal and postnatal care, promote regular growth monitoring of children during critically important early ages, and enhance food security, the report said.

In the Philippines, almost 4.5 million households are enrolled in the CCT, or Pantawid Pamilya program, from only 360,000 households in 2008.

“CCT grants account for an average of 11 percent of the income of the poorest recipient households,” noted World Bank Country Director Motoo Konishi.

Keep kids healthy and in school

Evaluation studies, according to Konishi, also show that CCT in the Philippines is delivering on its objectives: keeping poor children healthy and in school.

The program increased prenatal and postnatal care by 10 percentage points and increased the delivery of babies in health facilities by skilled health professionals by 20 percentage points. Children benefited by receiving higher intake of vitamin A and iron supplementation by around 12 percentage points and by increased weight monitoring visits to health facilities by 18 percentage points.

Aleksandra Posarac, program leader of the World Bank in Manila, said the Philippines has developed a system “way superior” to previous ones.

She lauded the government’s information management system, called Listahanan,” that identifies who and where the poor are in the country.

Social Welfare Secretary Dinky Soliman, whose agency is the lead implementor of the social safety net program, said the data base, “in a way, makes it corruption-proof.”

Check the source here: PH Cash Transfer Program




No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Share and Like:

CATEGORIES

ARAW NG DABAW ASIA News Bo's COFFEE BON CHON DAVAO Cabantian Cabantian CBD Cagayan de Oro City CARAGA Region Chowking COFFEE SHOP - Cotabato City COFFEE SHOP - Davao City COFFEE SHOP - Gensan City COMVAL Comval Festival COMVAL TOURIST SPOT COMVAL: BEACH FESTIVAL DAVAO - SAMAL ISLAND DAVAO AWARD & CITATION DAVAO BEACH FRONT PROPERTY DAVAO CITY DAVAO CITY MAYOR Davao Coffee Shop DAVAO CONDO Davao FastFood DAVAO FESTIVAL DAVAO FESTIVALS DAVAO FOODIES DAVAO FUN RUN DAVAO GOLF DAVAO HOSPITAL DAVAO HOTEL DAVAO NEW BIZNES DISTRICT DAVAO REAL ESTATE NEWS DAVAO REGION DAVAO REGION FESTIVAL DAVAO SPORTS DAVAO SUBDIVISION DAVAO SUMMER FEST DAVAO TOURIST SPOT DAVAO WAVE POOL DAVAO X'MAS SEASON DAVAOEÑOS PRIDE DECA WAKE BOARD PARK TOURNAMENT E-Commerce ENTERTAINMENT ENVIRONMENT EVENTS FASHION STATEMENT FILIPINOS PRIDE FIRST IN DAVAO FOODIES Gaisano GrandMalls GAISANO MALLS GOVERNMENT HALO-HALO HEALTH and BEAUTY JOB Opening JOLLIBEE DAVAO KADAYAWAN FESTIVAL KFC KRISPY KREME LAMDAG PARADA LIFE and STYLE MALLS IN DAVAO MALLS IN GENSAN MANA ANTIQUE SHOP MANNY PACQUIAO MAYOR RODY DUTERTE MAYOR SARA DUTERTE McDonald’s Davao MEDIA HYPE MEDIA PROMO MINDANAO MINDANAO BIZNES NEWS MINDANAO FOODIES MONKAYO NATIONAL NEWS NCCC MALL NCCC: Supermarket / CHOICE / HB1 OFW News PH BEACH FESTIVAL PH BIZNES NEWS PH FUN RUN PH SONA PHILIPPINE SCHOOLS PhotoBlog POLITICS PUREGOLD PRICE CLUB INC RAZON'S REAL ESTATE NEWS REAL ESTATE PROPERTY SaveMore by SM SCHOOL SM MALLS SPORTS STA CRUZ Davao STARBUCKS STARBUCKS - DAVAO STARBUCKS COFFEE TAGUM CITY TAGUM CITY FESTIVAL TAGUM CITY: FUN RUN Tagum Coffee Shop Tagum FastFood Tagum Food Tagum Hospital Tagum Hotel Tagum Latest Dev't. Tagum Malls Tagum Supermarket Tagum Tourist Spot TECH News WORLD BIZNES NEWS WORLD NEWS